JP Morgan's Dimon regrets calling bitcoin a 'fraud'

"The bitcoin to me was always what the governments are going to feel about bitcoin as it gets really big", he said.

Initial coin offerings, however, "you have to look at individually", he said in the interview.

"We're going to consider a whole bunch of different things", he said, "but also around helping accelerate growth in America like small businesses, like branches, like affordable housing, things like that which I think have a double effect". The price of bitcoin, the most ubiquitous of the currencies, has more than tripled to US$14,297 since Dimonmade his comments in September.

"If you're stupid enough to buy it, you'll pay the price for it one day", he said in response to a moderator question at an Institute of International Finance conference in October.

Moreover, J.P. Morgan Chase Chief Executive spoke about Silicon Valley's startups as new rivals that are "looking to compete with banks". To be fair, a concern shared even by Bitcoin lovers.

It is noteworthy how the outspoken CEO repeated his positive stance on the technology backing bitcoin, the so-called blockchain. And now, when the most vigorous critic has publicly changed his mind, it's another demonstration of the technology's worthiness. It allows buyers and sellers to interact directly, while their exchange is recorded on the blockchain ledger.

J.P. Morgan Chase is creating a blockchain system called the Interbank Information Network.

Ford F-150 Diesel Claims 250 HP, 30 MPG Ratings
In order to help reduce fuel consumption and vehicle emissions during city driving, auto Start-Stop technology is standard. For now Ford has only one competitor when it comes to the half-ton diesel game, and that's the Ram EcoDiesel.

Immigration bill should be a 'bill of love'
Representatives and senators attending the meeting with the White House are faced with tough negotiations. For more than a year, Republicans have tried to downplay Trump's border wall, ignore it, even blast it.

Bye! Meghan Markle Deletes All Social Media Accounts
Meghan Markle were incredibly touched that you took the trouble to write as you did in connection to their forthcoming Wedding. The Palace has already been including Meghan in its public posts, ever since she and Harry announced their engagement .

Saudi jet fighter downed by Yemenis
Riyadh and its allies intervened in neighbouring Yemen in March 2015 in an attempt to push back the Houthis. But despite the coalition's superior firepower, the rebels still control the capital and much of the north.

AMD Reveals and Announces New Products Before CES 2018: GPUs
The Core i5 model features four Hyper-Threaded cores operating at a 2.8GHz base frequency and accompanies 6MB of L3 cache. The chip maker has also launched the latest and most powerful Intel® NUC created to complement the latest processor.

Lana Del Rey confirms Radiohead lawsuit
Del Rey has confirmed the rumors in a tweet, noting that her team has offered Radiohead a 40% cut of all " Get Free " publishing. Hammond and Hazlewood are now credited as " Creep " co-writers and split royalties with the band after settling out of court.